Tag: Phillip Joubert

In the challenging economic circumstances that South Africa currently faces, the impact of fiscal responsibility – the balanced use of government spending and tax to influence the economy – on taxpayers, businesses, and the nation's overall economic well-being cannot be overstated.

The government’s latest critical skills list includes the occupations of 'Tax Professional', 'External Auditor' and 'Forensic Accountant'. The full list comprises 101 occupation codes and these critical skills are open to South Africans and foreign nationals that meet the skills requirements.

Is the accounting profession experiencing a crisis of credibility? Current events locally and internationally are demanding higher levels of accountability in the accounting and auditing professions. Unethical accounting and auditing practices in South Africa have reverberated globally, with the reputations of large accounting and auditing firms severely damaged by their links to public service corruption and financial misrepresentation by large multinational companies like Steinhoff.